Marketing Trap: Why Do Sexual Ads Sell?

A few weeks ago, a close friend of mine posed an interesting social psychology question. With the weight of advantage attractive people have, does sexuality or sexiness really sell?

I started researching on the topic. Various studies have shown that attractiveness possess some unfair advantage.

1. Being attractive is associated with goodness.

Dr. Ellen of the University of Minnesota discovered that ‘The more attractive the person, the better the work was evaluated. People associate being warm, sexually responsive, poised, modest, sociable, sensitive, interesting, strong, more exciting, and so on to attractive people than to less attractive people. The Halo Effect can be linked to this too.

The Halo Effect is a type of cognitive bias in which our overall impression of a person influences how we feel and think about their character. It can cloud our judgement as consumers or employers.

2. Being attractive increases your chances of getting the job.

At Old Dominion University in Virginia, Dr. Thomas Cash found that attractive people were seen as more hirable and more likely to be successful at a given job than unattractive candidates with similar qualifications. This is unfair to those with comparable qualifications and wider experiences.

3. Being attractive is associated with wits.

Researchers at the University of Wisconsin found that teachers assumed attractive students to be more intelligent and have parents who are more interested in the child’s education.

4. Being attractive is a sign of health.

In an Australian study, researchers morphed photographs of young adults so that their faces were perfectly symmetrical. In general, the symmetric version of each face received higher health ratings than the normal image.

5. Being attractive boosts your political ratings.

A study in Finland found that both male and female political candidates who look better than their competitors are more successful.

6. Beautiful people lure more consumers.

A professor and head of the Department of Advertising and Public Relations, Mr. Tom Reichert, once said that “Advertisers use sex because it can be very effective.”

“Sex sells because it attracts attention. People are hardwired to notice sexually relevant information, so ads with sexual content get noticed.”

Interestingly, some young men actually think that think Axe body spray will drive women crazy. Brand impressions are shaped by the people who advertise them. In essence, Hanes offer the same thing as Calvin Klein. However, the latter has “sexiness” stringed to it. That is what many customers want!

On to modern times, sex sells in form of the pictures posted by Social Media influencers. To the viewers who see these images, it can put a pressure on keeping up with the same standards of beauty. Having high standards of beauty can lead to insecurity and depression.

You must remember that we do not see what happens behind the scenes. We do not see the countless hours spent on post-production to capture a flawless model. Not to mention, many Social Media influencers revolve their lives on the brands they advertise.

Image Credits: unsplash.com

Know that these people are human too. Outer beauty has its perks, but it is superficial. As long as you are aware of your authentic self, you will not be swayed by marketing traps. This does not mean that you will undermine models or influencers. Instead, we must celebrate beauty and individuality!

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5 Praiseworthy Qualities Of A Leader

Leaders shape our communities, organizations, and nations. The global pandemic that occupies our lives now has shown some of the best and worst practices of leaders across the world. We need good leaders to guide us and to help us make large-scale decisions that will influence the quality of our lives.

That being said, here are some of the most commendable qualities that a number of leaders have.

#1: RESILIENCE

“People are afraid, and when people are afraid, when their pie is shrinking, they look for somebody to hate. They look for somebody to blame. And a real leader speaks to anxiety and to fear and allays those fears, assuages anxiety.”

-Henry Louis Gates, former leader of the African and American Research Institute at Harvard University

As you embrace the huge responsibility of leading a pack, you will encounter different adversities a long the way. It is up to you to become resourceful in solving each problem that comes your way. A resilient leader is a person who sees failures as temporary setbacks, which they can recover from. Pliant like a bamboo, a resilient leader stands still in the test of time.

#2: TRANSPARENCY

“Great leaders have the uncanny ability of not letting rumors spread by being open and transparent and embracing solutions not problems. If an employee is frustrated with customer, they make you put that negative energy into coming up with a solution. If coworkers have a rift, rather than nurturing the gossip the leader makes you get over it and fix the issue.”

-Kevin Sides, CMO of ShipMonk

Nothing will make people more agreeable or less defensive than you being humble when admitting your own mistakes. Having reasonable and stable personal and professional relationships relies on you taking the responsibility for your own actions. You must be transparent, especially when it comes to your mistakes. A transparent leader acknowledges his or her actions and apologizes whenever necessary.

#3: EMOTIONAL INTELLIGENCE (EQ)

“If you are tuned out of your own emotions, you will be poor at reading them in other people.”

-Daniel Goleman, renowned author and science journalist

Your IQ can only secure you the position, your EQ will let you thrive. Emotional intelligence helps you boost your self-awareness, self-control, motivation, empathy, and social skills. It is finding the balance within yourself and the chemistry in others. A leader with a high EQ can relate to his or her employees more and can solve the obstacles without emotional roadblocks.

#4: EMPATHY

“Empathy not only allows great leaders to understand their employees and their customers better, but it also is known to enhance pro-social (aka helping) behaviors. Because of this, empathy enables leaders to address issues faster and with more precision, and it makes them more flexible to respond to an ever-changing business environment.”

-Jeff Kear, founder of Planning Pod

Empathy is part of the EQ. It is the ability to put yourself in another person’s shoe (idiomatically speaking). Empathy is correlated with job performance. People who show more empathy towards others are viewed to be better leaders. Fortunately, empathy can be learned and cultivated in the workplace. It is up to you to transform your environment.

#5: RESPECT

“Respect is how to treat everyone, not just those you want to impress.”

-Richard Branson, founder of the Virgin Group

Treating people with respect is one of the most important things that a leader can do. Respect will ease the tensions, help solve conflicts, create trusts, and improve efficiency. After all, respect begets respect.

Image Credits: unsplash.com

While successful leaders may exhibit these qualities to varying degrees, all good leaders reap the advantages of these characteristics.

Sources: 1 & 2

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The Potential Benefits of an End to the US-China Trade War

The trade dispute between China and the United States has dominated global finance news since the start of 2018. That’s what happens when the relationship between the world’s two leading economic powers breaks down, with the effects of the fallout extending into every continent. However, there are signs that a resolution to the conflict may be on the cards, most notably in the form of the Phase 1 trade deal that the nations signed in mid-January.

The Phase 1 deal tackled some of the key trade issues between the two countries, with progress made on tariffs and pledged purchases. While the deal fell short of resolving every aspect of the US-China dispute, it indicated the two parties are in a more conciliatory mood. There are concerns that this mood may not last; the outcome of the US presidential election in November could feasibly prompt a switch in economic policies, while Chinese authorities may grow frustrated if the US is unwilling to make concessions.

Whatever happens this year, it is clear that the relationship is now in a healthier shape than it was throughout the past two years. The dispute has had significant impacts on economies across the world, so a resolution to the dispute would have similarly substantial effects. Here is a look at three trends that could be set in motion by a positive conclusion to the US-China trade war.

A boost to Singapore’s economy

Singapore has felt the brunt of the trade war more severely than most other countries, given that it is one of the most trade-dependent nations in the world – only Luxembourg is more reliant on trade as a contributor to its GDP. China is also Singapore’s main trading partner, so any disruption to China’s trading power dramatically inhibits Singapore’s potential for economic growth.

The uncertainty about the longevity and scale of the trade dispute has made it difficult for the Singaporean government to plan effectively for the future. A conclusion to the trade war would provide the comparative level of certainty that governments crave when budgeting for the next year and beyond. A restoration to China’s power as an importer and exporter would also provide a massive boon to Singapore’s economy.

The decline of the US dollar

Credits: Pixabay

Analysts anticipate that a final deal will knock the dollar off its upward trajectory from recent months, although that would not necessarily be cause for concern in the US. While a strong currency is a source of prestige, a consistently high dollar value restricts US-based companies’ ability to trade competitively. A deal will also revitalize the Chinese yuan, giving the dollar competition once again as the world’s premier reserve currency.

Any rise in the yuan may provoke the dollar to devalue, so investors with a position on the USD/CNY currency pair will be poised for action as news emerges from trade talks. This reinforces the importance of having an account with the most reliable forex brokers, as traders won’t want to miss the optimal value in what will be a fast-changing market. Fluctuations always occur in foreign exchange, but sudden progress in negotiations may cause particularly dramatic shifts in forex markets.

The rise of emerging economies

A weaker dollar provides a boost to emerging economies across the world. When the dollar is high, nations may be priced out of acquiring the currency to support their economies, while it inflates existing dollar debts held by countries. The devaluation of the dollar could, therefore, give emerging economies a new chance to grow rather than stagnate or shrink.

Emerging economies will also benefit from improvements to trade in the same manner as their more established counterparts. Like Singapore, many emerging economies look to China as their primary trading partner, but China has been unable to post meaningful economic growth throughout the dispute. A deal would give China a platform to import and export at its former level, which would be well-received by its trading partners.

A deal between the US and China will benefit both nations involved, with those benefits filtering down to every economy in the world. While that deal may be not on the immediate horizon, January’s Phase 1 deal does at least demonstrate that each nation recognizes the advantages of a more harmonious relationship.

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Countries Where Money Can Buy You A Second Passport

There are many reasons why people get second passports. Some seek refuge in tax havens, others want opportunities to travel. Whatever your reason, there’s no doubt that a second passport can provide you with profound freedom.

To be a citizen means that a sovereign state gives you rights, privileges and responsibilities. Most of the time, citizenship is obtained through marriage, birth and naturalization. But, there is another, more enterprising way to gain citizenship in exchange for investment.

What you need to consider

Citizenship by investment can be described as a “you scratch my back; I scratch yours” type of arrangement. You invest in the economy of another country and in turn, you’re granted citizenship. The requirements differ from state to state but it’s one of the quickest ways to become a citizen. Are you hoping to head in this direction? Then read on for more!

Weighing it Out

Consider it like shopping. You need a rough idea of what you’re looking for, a shopping list if you will. Every master shopper knows not to jump at the first price you see. You have to compare the various programs offered to investors. Some require visas, some don’t. Some are lenient with taxes and some require big investments.

Check yourself before you Wreck yourself

Everyone can benefit from a second passport. It’s an excellent form of insurance just in case you feel like leaving your home country one day, and you’ll have another country to call your second home. Plus, you decide your identity at any given time.

But, there are a few questions you need to ask yourself before you start shopping around for the ultimate second passport. For instance, do you earn more than the average person? You’ll have to be mindful of how you’ll be taxed in your second country.

For instance, in the USA, tax is taken from all your income, both local and international. This means you’ll be taxed twice. The way to get around this is to jettison your American citizenship in favor of your second citizenship. These are some of the considerations that you have to make when looking for a second passport.

Value for Money

You must evaluate the potential benefits of the passport that you’re considering. Some passports are stronger than others and you don’t want to get a second passport that’s worse than your first. Find out the number of countries a passport can take you visa-free and this will determine its strength. American and European passports are held in high esteem because they offer visa-free access to most countries around the world.

Another characteristic to consider is the effect of combining both your passports. Is there something your second passport can offer you that your first can’t? Taking a second European passport when you’re already in an EU country wouldn’t do you much good, for example, because there aren’t any extra places you’d have access to.

Getting Down to it

There are several ways to obtain citizenship by investment. One of these is by engaging in philanthropy. Making a generous donation to a government agency can ensure citizenship although it will remain just that; a donation. It might prove cheaper than investing and it will spare you all the complications of business.

Investing in a reputable business is another great way to secure citizenship. This might come at a major price and you have to do your due diligence before you make the investment

Buying government-recognized property could be the way to go for most people. This ensures that you have a tangible asset in your hands, which you can sell at any time depending on the market.

Now, the real estate market is always at an ebb and flow, so make sure to consider these changes to ensure that you’re making a good investment. Once the property is yours, you could save money by living there, or you can make extra money by renting it out.

Decisions, Decisions

So, now that you know what you need to consider before deciding on a second passport, here are some of the best countries to gain one and the requirements thereof.

  1. Malta:

The Maltese passport offers the best value for money in the EU. At a price of €880,000 you get access to 158 countries visa-free. This fee includes a non-refundable donation to the country’s National Development and Social Fund, a real estate transaction and an investment into government stocks and bonds.

Plus, you can add your family members such as your spouse and children under the age of 18 for an extra €25, 000 each, and your parents for a mere €50, 000 extra each.

  1. Australia

For AUS$1.5 million, you can gain Australian citizenship through the country’s residency program. This includes a AUS$1.5 million investment into an Australian enterprise or project, and the applicant must have a minimum net worth of AUS$2.25 million.

  1. Grenada:

In Grenada, a $350,000 property investment can get you visa-free access to China, something unheard of in other Caribbean countries.

  1. Latvia:

One of the Jewels of the Baltic, the fast-growing Latvia offers residency for a minimum investment of €286,000 into a credit institution.

  1. Saint Lucia

The island of Saint Lucia offers citizenship in exchange for a $100, 000 donation into the Saint Lucia National Economic Fund. Alternatively, you can invest in a real estate development for a minimum of $300, 000, or put $3.5 million into a government approved enterprise development. The choice is yours!

  1. Grenada

Yet another beautiful island, Grenada offers citizenship in exchange for a $150, 000 donation into the Grenada National Transformation Fund. Another option is to invest in real estate to the tune of $350, 000.

  1. Greece

To become an official Greek resident, you must invest €250, 000 minimum in Greek real estate.

  1. Canada

Canada’s Immigrant Investors Program was designed to attract affluent business people to the country. This program offers citizenship in exchange for a $800, 000 investment. In addition, the applicant and their spouse must have a net worth of at least $1. 6 million each, and provide proof of proper business experience.

Make it Happen!

You’re spoilt for choice. Whether you’re a doomsday prepper or a backpacker, pick a passport, grab your suitcase and get yourself some options. It could mean the difference between misery and freedom.

 

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Technology That Can Make a world of difference to finance

The outreach of technology has touched all lives and frontiers irrespective of their origin. People across the globe are impacted by the advancements in various aspects of their life right from taking a shower to their office work.

Even from the economic aspect, technology can certainly brighten up your world and ease it up in totality. The trends are frequently changing, and to adapt to the different methods, we can surely allow technology to walk through and help with the finances as well.

With the spendthrift idea becoming a reality, it is necessary to invest your valuable earnings in inappropriate portals so that the money grows and results in the accumulation of wealth. There are many ways with which this can be achieved through the help of technology, and some of them are listed as follows:

1)Everything is available at your fingertips nowadays. There is no shortage of technology for the number of things to be done online. Similarly, from the monetary point of view, as well, there are various tools available with the banks through which you can automatically divert a portion of your savings to an appropriate investment category so that you can reap the benefits of the same.

Banks can be given standing instruction to clear a certain amount and transfer it to a desired medium of investment through your authorization. Once this is done, you can manage your portfolio and set up a watchlist as well to manage your investments from one place at a time. This kind of automated manner in monitoring your finances helps you in reducing the burden of remembering it all. Further, you would never get stuck because everything is managed by an application that requires an active network connection and a smartphone, laptop, or tablet.

2) Always remember what is in hand and the ways to use it. So, do not falter when it comes to using them far and wide. Utilize the technology resources and reap the benefits of the same in real-time. It is necessary to understand the pros of using technology to grow your finances and monitor them as well. Not only in terms of growth, but the applications and tools can also be used to make necessary payments and save more with the various offers provided upfront.

Websites like https://www.dfydaily.com can help you in looking at your options and deciding which suits your technology needs at any point in time.

Bills can be paid off using the necessary application with no fear of missing out on the due date due to human errors. The application helps us where humans fail to remember the dates since they are entered into the system, and a reminder or alert notification is sent to you to maintain the necessary balance in the account so that the payment can be made at ease.

3) The world of technology is vast, and it is necessary to be well-read about it all to be aware of the advancements as well as the existing trends. There is no use of staying in the dark when it comes to this particular aspect since technology is continuously changing, and you would not want to miss out on an essential trend in the face of dire circumstances. So, it is vital to be on the top of your game by subscribing to daily news services online that will update you about the applications which can serve your financial needs.

Further, there are many tutorials and presentations shared by online communities that can keep you in sync with the rapidly changing technology. You can also talk to the techies who are in it deep to know more about the developments so that they can be added to upgrade your financial lifestyle.

To conclude, you need not be a tech geek or an insider to be able to use the applications for the betterment of your finances. You can always ask for help and get updated about the knowhow so that you can invest wisely and make smart decisions. Various financial authorities are up and about for more and more investors, so you can always approach them to help out. But, always remember that you need to be careful with your finances and know the necessary information so that your gains outweigh your losses.

 

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